Fortrea Increases Patient Access Capabilities and Cold Chain Expertise with FortreaRx™ Expansion

DURHAM, N.C., Feb. 20, 2024 (GLOBE NEWSWIRE) — Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (CRO), today announced the opening of its expanded non–commercial specialty pharmacy, FortreaRx™, located in Lake Mary, Florida, which offers advanced patient access solutions across the United States, including ambient and cold–chain distribution capabilities and expertise.

Licensed in all 50 states and U.S. territories, FortreaRx delivers flexible, scalable solutions that meet the specific needs of its customers while providing medications to patients who may otherwise not have access to them. Non–commercial specialty pharmacies, like FortreaRx, provide these solutions on behalf of their pharmaceutical manufacturer customers and are uniquely positioned to serve as a bridge between pharmaceutical manufacturers and patients who meet the manufacturer requirements for prescription assistance.

Since FortreaRx’s inception in late 2008, Fortrea has pioneered non–commercial specialty pharmacy services, focusing exclusively on the distribution of free–goods products as an integrated component of pharmaceutical manufacturer–sponsored patient assistance programs (PAP) designed to expand access to therapy for qualified patients with no health insurance or those who are underinsured. The FortreaRx 40,000–square–foot facility doubles its operational space and bolsters its capabilities, delivering:

  • 1,800 square feet of ambient storage
  • 6,000+ square feet of cold chain storage with more than 85 percent of prescriptions filled by FortreaRx requiring this unique handling
  • Greater processing and fulfillment space for up to 18,000 prescriptions daily
  • Enhanced shipping solutions with options for overnight, expedited and 2–day deliveries

“Fortrea’s well–established patient services offerings, combined with the expanded capabilities of FortreaRx, deliver an end–to–end approach, from early clinical stages to post–market delivery, ensuring a comprehensive and personalized experience for patients,” said Bill Nolan, vice president and global head of Patient Access at Fortrea. “From our expertise in broad–range disease states to our unwavering commitment to patient assistance, Fortrea excels at delivering timely and impactful solutions to our pharmaceutical sponsors that strive to reduce patient and provider challenges by streamlining enrollment processes and by offering full integration with broader patient support initiatives.”

FortreaRx’s call center hub of case managers seamlessly manages patient inquiries, counseling and data verification of prescriptions. Fortrea’s patient access team helps patients and providers understand and navigate the complexities of coverage while removing obstacles to get medication to patients.

FortreaRx delivers efficient, consultative and cost–effective solutions for manufacturer prescription programs typically resulting in significant yearly savings for patients.

For more information about FortreaRx and its services, please visit Fortrea.com.

About Fortrea

Fortrea (Nasdaq: FTRE) is a leading global provider of clinical development and patient access solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, medical device and diagnostic companies to drive healthcare innovation that accelerates life changing therapies to patients in need. Fortrea provides phase I–IV clinical trial management, clinical pharmacology, differentiated technology–enabled trial solutions and post–approval services. Fortrea’s solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights and a strong investigator site network. Our talented and diverse team of about 19,000 people working in more than 90 countries is scaled to deliver focused and agile solutions to customers globally. Learn more about how Fortrea is becoming a transformative force from pipeline to patient at Fortrea.com and follow us on LinkedIn and X (formerly Twitter) @Fortrea.

Fortrea Contacts:
Fortrea Media: Galen Wilson – 703–298–0802, media@fortrea.com
Fortrea Media: Kate Dillon – 646–818–9115, kdillon@prosek.com


GLOBENEWSWIRE (Distribution ID 9040223)

Axi Select hailed as the future of prop trading as multiple demo account firms close doors due to pressures from regulators, brokers, and tech providers

SYDNEY, Australia, Feb. 20, 2024 (GLOBE NEWSWIRE) — Bucking the trend of recent negative developments in the prop firm industry, leading global CFD and FX broker Axi, which launched Axi Select – their unique capital allocation programme for talented traders – has been hailed by many industry experts as the future of the industry.

Recent issues experienced in the prop trading industry have resulted in multiple firms having to pause or close down their service due to pressure from regulators, partner brokers or tech providers.

Axi Select is completely different to the industry, and as a result has legitimised the prop firm model by offering a live trading account programme, with real controls in terms of execution, transparency, and fair market conditions. Since its launch in mid–2023, Axi Select has witnessed an incredible 40% month–on–month increase in the number of active clients on their platforms.

Axi believes their Select programme is revolutionary, sustainable and is the future of the prop firm model. Greg Rubin, Head of Axi Select, stated “In the last week the prop trading industry has been turned on its head completely with multiple firms having to suspend their services due to external pressures.

“We foresaw this, which is why we’ve developed a capital allocation programme which is built on our live trading account model and has been available in over 100 countries for more than 16 years. This has given us the confidence that Axi Select is a long–term solution to the prop trading community, and not subject to the issues now faced by prop firms who offer the demo account registration fee model and are under constant pressure from regulators and their tech partners.”

He continued “We genuinely empathise with the thousands of talented traders who will now be denied access to their allocated funds, and we encourage anyone using the demo trading registration model to question whether their prop firm partner will be able to continue as an ongoing concern given recent events. Unfortunately, this could be the beginning of the end for the demo account prop firm model.”

Axi Select offers a very attractive funding model – $1 million USD top allocation and clients can keep up to 90% of their profits – that’s one of the top allocation offerings worldwide, from an award–winning globally recognised, respected, and trusted broker.

By joining Axi you don’t need to pay a registration fee. Yes, you need to fund your trading account, but that money is yours to withdraw at any time and any profits you make on your funded account, you keep in addition to funds allocated by Axi.

“We believe passionately that Axi Select is the best allocation programme globally” said Rajesh Yohannan, Group CEO of Axi.

“By using a live trading account, with real money and the emotions that accompany this, we believe you are more likely to be profitable longer term and make money from your own live account as well as the funded proportion. Our Axi Select account has all the controls we offer to our live account holders globally. This includes access to our award–winning fast, transparent, and fair–trade execution.”

He added “If you are a talented trader and are looking for a legitimate funding programme which is designed to truly help you succeed and profit from the financial markets, and you want the stability of an account model which has been in market for 16 years, then Axi Select is the place for you to find your Edge.”

About Axi Select*

Axi Select* is a unique capital allocation programme that was specifically designed to help you succeed as a professional trader. Axi Select* offers a generous funding of up to $1 million USD as part of a structured and fair pathway to help you meet your long–term and most ambitious trading aspirations. Solidify your trading skills, knowledge and understanding of the markets and embark on your biggest trading journey ever with Axi through Axi Select.

Why Axi Select*?

  • 100% Free to join – No registration fees
  • Earn 90% of profits on $1,000,000 USD of our funds
  • Unrestrictive trading conditions & a structured pathway that provides a fair & real opportunity for traders to become professional traders
  • Trading score (Edge score) to assess & assist with trading performance
  • Dashboard with analytics, advanced stats, and a leader board
  • Exclusive online trading room with live analysis and learning videos from professional traders. Ability to interact with fellow traders and share analysis/trading ideas.
  • Trustworthy broker with over 35+ industry awards.

How is Axi Select* different from other programmes?

Programme Axi Select Industry Standard
Registration fee No Yes
Pass Evaluation No Yes
Restrictive Trading Conditions No Varies
Number of Attempts 3 1
Leverage 100:1 Varies, majority less than 100:1
Account Type Real Trading Account Demo
Additional Tools Dashboard/Leaderboard, Edge Score, Trading Room Varies

Learn more & switch to Axi Select: https://www.axi.com/select

* The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU, and UK residents. For more information, refer to our Terms of Service. Other fees and minimum deposit apply.

About Axi

Axi is a global online FX and CFD trading company, trusted by thousands of ambitious customers in 100+ countries around the world. We help all types of traders, trading businesses, banks and financial organizations find the edge they need to achieve their financial goals through informed transactions made on the world's financial markets. Axi offers a wide range of assets including CFDs for several asset classes including Forex, Shares, Gold, Silver, Oil, Coffee, Indices, and other commodities.

At Axi, we are proud of our reputation as an honest, fair, and trusted broker. Our many awards and 'Great' Trustpilot reviews prove we have earned the confidence of customers who value our outstanding service, fast execution, secure payments, segregated funds, and easy withdrawals.

For further enquiries contact service@axi.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4b7f4608–f090–471c–995d–de6c0f23438e


GLOBENEWSWIRE (Distribution ID 1000914826)

Phasing out from Fossil Fuels: An Imperative for Climate Justice

Africa has huge renewable energy potential - it has 60% of the world's best solar resources, but the continent receives less than 3% of global energy investment. Credit: Aimable Twahirwa/IPS

Africa has huge renewable energy potential – it has 60% of the world’s best solar resources, but the continent receives less than 3% of global energy investment. Credit: Aimable Twahirwa/IPS

By Sylvie Djacbou Deugoue
YAOUNDE, Feb 20 2024 – Climate change made 2023 the warmest year on record. As urgency mounts to address this worldwide crisis, phasing out the use of fossil fuels is a necessary step that all nations must take. This is because fossil fuels—coal, oil and gas — are the primary drivers of the climate crisis accounting for over 75% of global greenhouse gas emissions and nearly 90% of all carbon dioxide emissions.

Fossil fuels can be linked to severe human rights harm. According to the International Energy Agency, there cannot be any new fossil fuel projects if countries are to meet existing climate targets and avoid the worst consequences for frontline communities. Not addressing these issues can create a human rights crisis of unprecedented scale.

Another ethical imperative for phasing out from fossil fuels is our responsibility to communities facing loss and damage. Fossil fuel projects and infrastructure often expose fence line and frontline communities to toxic substances, environmental degradation, and increased vulnerability to climate disasters.

Africa has contributed the least to climate change but still suffers the most from its consequences. Since rich countries have historically emitted the most greenhouse gases, the goal of transitioning to renewable energy sources is an act of responsibility and justice, providing support to those most in need

Fossil fuel extraction and production often violate the rights of indigenous peoples, local communities, and environmental defenders, who face land grabbing, displacement, violence, intimidation, and criminalization. This must change.

When we look at the African continent, the current increase in investment in fossil fuels will increase Africa’s carbon emissions and raise Africa’s share of global climate change.

In 2021, Africa contributed 3.9% (1.45 billion tonnes of CO2 eq.) of global carbon dioxide emissions from fossil fuels and industry. Continuing with this energy policy would be very suicidal for their future in the face of the consequences of climate change.

There is also an economic impact of fossil fuel production too, especially in Africa. Fossil fuel subsidies and investments divert resources from addressing the needs and rights of people living in poverty.

It is well known that Africa has contributed the least to climate change but still suffers the most from its consequences. Since rich countries have historically emitted the most greenhouse gases, the goal of transitioning to renewable energy sources is an act of responsibility and justice, providing support to those most in need.

Fossil fuel extraction leads to deforestation, habitat destruction, and water pollution, which have contributed to 1.2 million deaths in 2020, leading to biodiversity loss and ecosystem degradation.

In the DRC for instance, if the peatland is destroyed by the construction of roads, pipelines and other infrastructure needed to extract the oil, up to 6 billion tonnes of CO₂ could be released, which is the equivalent of 14 years’ worth of current UK greenhouse gas emissions.

Through a transition to renewable energies such as wind power and solar energy, we can take control of the effects of climate change and support future generation’s sustainability moving forward.

Africa has huge renewable energy potential – it has 60% of the world’s best solar resources, but the continent receives less than 3% of global energy investment.

As a region that has had the smallest impact on the climate crisis but suffers significant impacts now and in the future, the international community must work with Africa to invest in its clean energy future.

For instance, Kenya is home to the Lake Turkana Wind Project, currently the largest wind farm in Africa. Output exceeds 310 MW—enough to power 1 million homes.

The project also attracted the largest private investment in Kenya’s history, amounting to US$650 million. For Africa to achieve its energy and climate goals, Africa needs $190 billion of investment a year between 2026 to 2030, with two-thirds of this going to clean energy.

Fortunately, some progress has been made toward ending use of fossil fuels on a global scale. During the recent COP28 in Dubai, nearly 130 nations approved a roadmap for “transitioning away from fossil fuels“—a first for a UN climate conference—but the deal still stopped short of a long-demanded call for a “phaseout” of oil, coal, and gas.

This is what is needed to transition away and help keep us from reaching the 1.5°C degree limit. Another shortcoming of COP28 is that there was neither a clear commitment nor a well-funded phaseout of all fossil fuels, nor was there clear funding for countries to transition to renewables and cope with escalating climate impacts.

We have a responsibility to protect future generations and support vulnerable communities. The countries, businesses, civil society, and leaders who came together during COP28 and made this first step deal should now walk the talk.

I can’t agree more with UN Secretary-General António Guterres who said during COP28: ‘’that a fossil fuel phaseout is inevitable, whether they like it or not. Let’s hope it doesn’t come too late.”

Being the custodians of the planet, it is our moral duty to leave a world that is habitable for our children and our grandchildren.

 

Sylvie Djacbou Deugoue is a Senior Aspen New Voices Fellow, a Policy Advocate & campaigns Builder.

Snowless Winter and a Climate Crisis: Kashmir’s ‘Unprecedented’ Weather

Local Muslims held special prayer ceremonies in January for snowfall. Credit: Umar Manzoor Shah/IPS

Local Muslims held special prayer ceremonies in January for snowfall. Credit: Umar Manzoor Shah/IPS

By Umar Manzoor Shah
SRINAGAR, India, Feb 20 2024 – Abdul Gani Malik, a 75-year-old goldsmith living in Kashmir’s capital, Srinagar, has witnessed eras of tranquility and turbulence in the Himalayan region. What he has not seen, however, is a snowless Kashmir during the winter.

Malik still works at his shop, located in one of the jam-packed markets of the old city area of Kashmir’s capital, intricately lacing colorful emeralds on dazzling gold necklaces. While conversing with IPS, he mentions that the winter in Kashmir has never been so terrible and terrifying as it has been this year.

He recalls how, during the 40-day harshest winter period from December 21 to January 30, snow would accumulate to about six or seven feet, freezing and making pathways treacherous even for city dwellers. In the mountainous region, according to Malik, the snow would last for several months, regulating temperatures during the summer and providing water and food.

“Now is a different tale. The mountains appear dry and dead. The rivers are carrying no water, and our woods are bereft of life. This is an absolute apocalypse,” Malik said.

The region of Kashmir is located in the north-western complex of the Himalayan ranges, with marked relief variation, snow-capped summits, antecedent drainage, complex geological structure, and rich temperate vegetation and fauna.

Kashmir’s winter is traditionally divided into three parts: Chilay Kalan (old man winter), Chilay Khuarud (young winter), and Chilay Bacha (kiddy winter). The coldest part, called Chilay Kalan, starts on December 21 and ends at the end of January. It is during this period that snowfall is expected.

“The temperatures during this period plummet to even minus 8 to 10 degrees Celsius, and when it snows, it accumulates in glaciers. The snowfall in the later period is of no use,” says Abdul Ghani Malik.

He was part of the congregational prayers held across Kashmir for snowfall. Local Muslims, who constitute more than 90 percent of the local population, decided in January to hold special prayers for snowfall in all major mosques. “We prayed, and we hope God listens to our plight.”

According to Abid Ali, a student of environmental sciences from Kashmir, Kashmir’s livelihood depends on snowfall, and if it doesn’t snow, things are going to take a terrible shape.

“The region’s electricity system, agriculture, and tourism are all dependent on snowfall. The dry winter will prove catastrophic for the local populace,” Abid said.

Kashmir, as per estimates, reported a 79 percent precipitation deficit through December of last year. Indian meteorologists claim that unusual weather is linked to global warming and El Niño, the sporadic climate phenomenon that can create warm, dry conditions in the Indian subcontinent and other parts of Asia.

A man walks through an area in Kashmir where low snowfall is causing concern as the region’s economy is highly dependent on it. Credit: Umar Manzoor Shah/IPS

A man walks through an area in Kashmir where low snowfall is causing concern as the region’s economy is highly dependent on it. Credit: Umar Manzoor Shah/IPS

Threat to Agriculture

In Kashmir, 60 percent of the state’s revenue comes from agriculture and horticulture, and about 80 percent of the population lives in rural areas.

However, over the years, the valley has experienced irregular patterns of precipitation. In the first five months of 2022, Kashmir saw a 38 percent rain shortage, according to data provided by the Meteorological Department (MeT) in Srinagar.

The data reveals that the Kashmir Valley has experienced a significant lack of pre-monsoon precipitation over the years. From March 1 to May 31, 2022, the region got 99.5 mm of rain, 70 percent lower than average.

Comparatively, between March and May of each of the following years—2017, 2018, 2019, 2020, and 2021—there was a deficit of 16, 28, 35, and 26 percent, respectively. The dry winter this year is already throwing life out of gear for the farmers.

Abdul Karim Ganaie, a farmer hailing from south Kashmir’s Pulwama, says the threats are menacingly looming large, and people cannot do anything other than watch helplessly as the crisis unfolds.

When IPS contacted Choudhary Mohammad Iqbal, the director of agriculture in Kashmir, he stated that the department was closely monitoring the situation and would be issuing a warning to the farmers in the coming months.

“We accept that the situation is going to prove worrisome for Kashmir’s farming community, but we have to adopt a strategy to ensure minimal losses. We are working on that front,” Choudhary said.

Tourism under Cloud

The famous tourist destinations in Kashmir are also witnessing a dip in tourist arrivals, putting the people associated with this business in dire straits. In January, the famous tourist resorts recorded the lowest arrival of foreign and domestic tourists, with only 30 percent occupancy in hotels.

It snows at last but too little, too late!

Finally, in the first week of February, when the harshest 40-day-long spell was already over, it snowed in most of the areas of Kashmir. However, according to experts, the snow would yield the fewest results as it is not possible to accumulate for an extended period.

What is important, says Mehraj Ahmad, a research scholar working on climate change in Kashmir, is that the snow must accumulate in the higher reaches for as long as possible until the arrival of summers.

“The snowfall of February or March carries the least significance when compared with the snowfall of January. Therefore, we really are keeping our fingers crossed and praying for the safeguard of our lives against the dark, dreadful effects of climate change,” Ahmad said.

IPS UN Bureau Report

 


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IPS UN Bureau, IPS UN Bureau Report, India, Kashmir

INTERVIEW: AI Expert Warns of ‘Digital Colonization’ in Africa

UN Deputy Secretary-General Amina Mohammed interacts with Sophia the robot at the “The Future of Everything – Sustainable Development in the Age of Rapid Technological Change” meeting. Credit: United Nations/Kensuke Matsue

By UN News
UNITED NATIONS, Feb 20 2024 – Artificial intelligence (AI) is ripe to help resolve certain major problems in Africa, from farming to the health sector, but Senegalese expert Seydina Moussa Ndiaye is warning of a new “colonization” of the continent by this new technology if foreign companies continue to feed on African data without involving local actors.

One of 38 members of the new UN advisory body on machine learning, Mr. Ndiaye spoke with UN News about the landscape ahead, building on his experience in helping to drive Senegal’s digital transformation in higher education, serving as an expert to the African Union in drafting the Pan-African Strategy on AI and in contributing to the Global Partnership on Artificial Intelligence (GPAI).

AI expert Seydina NDiaye is one of the 38 experts of the UN High-Level Advisory Body on Artificial Intelligence. Credit: Courtesy Seydina Ndiaye

How could AI help Africa?

There are several African countries that are beginning to have a dedicated strategy for artificial intelligence. However, there is a pan-African strategy that will soon be published, with a continental vision of AI development.

More and more, young people launching startups are interested in this, and they have a real thirst for knowledge in the field of AI. This growing interest can be accelerated with international help.

However, there is a wall in some areas, and AI can in fact be used to solve certain problems, including in agriculture. In the health sector, AI could solve a lot of problems, especially the problem of a lack of personnel.

The other element that is also very important is the development of cultural identity. Africa has been seen as a continent with a cultural identity that has not been able to impose itself across the world. With the development of AI, we could use this channel so that African cultural identities are better known and better valued.

Are there bad sides of AI threatening Africa?

The biggest threat is colonization. We may end up with large multinationals in AI that will impose their solutions throughout the continent, leaving no room for creating local solutions.

Most of the data currently generated in Africa is owned by multinationals whose infrastructure is developed outside the continent, where most African AI experts also operate. It’s a loss of African talent.

The other important element to consider is in the context of the fourth industrial revolution. The power of AI combined with advances in biotechnology or technology could be used, and Africa could be the place where all these new solutions are actually being tested.

If it’s not supervised, we could end up with tests that would take place on humans with chips or even integrated biotechnology elements that we improve. These are technologies that we don’t really master well.

In regulatory terms, there are certain aspects that have not been considered. The very framework for the application of ideas and existing regulations is not effective.

In concrete terms, and when you don’t control these things, it could happen without anyone knowing. We could have Africa being used as a guinea pig to test new solutions, and this could be a great, great threat for the continent.

Do you think that the UN’s new AI advisory group is going to be a platform that will allow you to put these problems on the table?

Yes, absolutely. We’ve started our work, and it’s really very open. These are high-level people who understand international issues well, and there are no taboo subjects.

It’s important that the voice of Africa is represented in the group. International scientific cooperation will be strengthened and not limited to the major powers. At the international level, it includes everyone and also helps the least developed countries.

Currently, there is a real gap, and if this is not resolved, we risk increasing inequalities.

Source: Africa Renewal published by the UN Department of Global Communications.

IPS UN Bureau

 


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